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UPDATE: 5:10 PM EST

Despit conflicting reports, Radio.com is now confirm that 2 Chainz was, in fact, the target of the robbery. 

According to [police spokesman Dennis] Toomer, the rapper was walking with his entourage in the 800 block of Howard Street at about 4:30 p.m. when they were approached by a suspect carrying a handgun, who fired a gunshot. While most of the group scattered, 2 Chainz reportedly fell to the ground and was approached by the suspect, “who robbed him and fled the scene.” Toomer said the rapper was robbed of his wallet, which contained credit cards and cash money, as well as a cell phone.

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UPDATE: 2:15 PM EST

Despite reports that 2 Chainz was the victim of a robbery in San Francisco, the police department tells Radio.com that a robbery took place, but the victim was a member of 2 Chainz’s entourage, not the rapper himself.

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We’ve just learned that rapper 2 Chainz was the victim of a robbery in California this weekend…and it all went down in broad daylight!

According to TMZ:

2 Chainz was robbed at gunpoint in broad daylight Sunday in San Francisco … TMZ has learned … and police say the rapper’s entourage fled “like cockroaches” when it all went down.

A San Francisco PD sergeant tells TMZ … cops responded to a shots-fired call just after 4:30 PM. We’re told when they got to the scene, 2 Chainz wasn’t cooperative … saying he wanted to handle it himself. 

Chainz told police his wallet was stolen and that’s all that happened. 

Police reviewed surveillance video … which revealed Chainz was clearly the intended target. 

We’re told video also shows Chainz and 14 of his people all “ran away from the incident like “cockroaches running from a flashlight.” 

Police are now searching for the assailants. Well damn! Broad daylight? Be safe outchea!

SOURCE: TMZ